Form 4: First Busey Corp Executive Amy L. Randolph Reports Changes in Beneficial Ownership

Amy L. Randolph, Chief of Staff at First Busey Corp, reports transactions involving common stock and derivative securities, including acquisitions and disposals related to employee stock purchase plans, performance stock units, and dividend equivalent rights.

Summary

• Amy L. Randolph, Chief of Staff of First Busey Corp, filed a Form 4 detailing changes in beneficial ownership.
• On December 31, 2024, Randolph acquired 57.1133 shares of common stock at $20.0345 per share through the Employee Stock Purchase Plan.
• On January 31, 2025, Randolph acquired 4,544 shares through a grant of Performance Stock Units and 601 shares representing settlement of accumulated dividend equivalent rights.
• Also on January 31, 2025, 2,537 shares were withheld to satisfy tax obligations at a price of $24.28.
• Additionally, on January 31, 2025, Randolph acquired 675 shares representing dividend equivalent rights accrued on Restricted Stock Units.
• Following these transactions, Randolph directly owns 100,443 shares of common stock and indirectly owns 5,153.6441 shares through the Employee Stock Purchase Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to employee compensation and does not inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of shares through employee stock purchase plans and performance stock units indicates confidence in the company's future.
• Settlement of dividend equivalent rights provides additional value to the reporting person.

Negatives

• The withholding of 2,537 shares to cover tax obligations represents a reduction in the number of shares held.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by an insider.

Key Dates